NYSE:PL - New York Stock Exchange, Inc. - US72703X1063 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PL. In the past year, PL was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, PL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PL in the last couple of days, which is a good sign.
3.17
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PL is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PL is up. |
ChartMill Relative Strength | 94.52 | POSITIVE | PL has a high relative strength, it outperformed 94.52% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PL is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PL is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.12 | NEUTRAL | The RSI value for PL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PL has a positive trend. |
Stochastics (14,3) | 62.11 | NEUTRAL | The Stochastics value for PL is a neutral value. |
Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for PL suggests some volalility. |
Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for PL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
4.01 | 3.95 | 0.06 (1.50%) | 25.00% |
An entry @4.01. This is a Buy Stop order right above the resistance zone. | An exit @3.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 1.50%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
3.99
+0.15 (+3.91%)